What Is Business Intelligence?
The methodology of Business Intelligence encompasses the programs and workflows, protocols that pull information from data repositories and transform it into actionable information that empowers leaders to make more informed business choices.
At Wave, our competence encompasses a complete understanding of your business standards as well as the software that aptly delivers intelligent information. We know what questions to ask and can determine the right input to bring clarity to questions.
Understanding knowledge discovery and being able to distill the answers can improve the decision-making job, improve organization actions, and increase task efficiency. With this insight, businesses can find new revenue origins.
Is Microsoft Excel A Business Intelligence Solution?
Excel spreadsheets have been the accepted source for scrutinizing and reporting on Business Intelligence. Microsoft’s Power BI enhances Excel by giving a consolidated enterprise platform is capable of handling larger data sources and allows for more options for visualization that derive answers faster.
Now, several files can be integrated into one data set which removes the demand for duplication and an inordinate amount of care.
These contemporary solutions were built with the user experience in mind as well as providing Business Intelligence and analytics features. Power BI is just one of many current tools that could be a thoughtful next step for businesses in the Milwaukee area already leveraging Microsoft software.
Do I Need A Business Intelligence Solution?
You might not. Solutions range in size from a single user to a broad enterprise solution. Here are some ways to help answer that question.
As the Gartner diagram shows, a Business Intelligence application can consist of data warehouses, ETL protocols, and tools that help to gather, analyze, and supply knowledge that encourages strategic company directions.
